Freddie Mac (OTC: FMCC) later this month will launch a free database tool for investors and analysts to monitor its Multifamily K-Deal mortgage-backed securities performance and credit quality. The Multifamily Securities Investor Access tool on Freddie Mac's website is designed to increase transparency and save investors time by providing easy access to all post-securitization data from investor reporting packages for the securities underlying the related series of K Certificates. The tool becomes available on January 17 to anyone who completes a simple registration process that includes name, phone number, email and company name.
Investor Access features include:
Information from all master servicers/trustees in the industry standard Commercial Real Estate Finance Council Investor Reporting Package (CREFC IRP™) format.
Preliminary term sheets, offering circular supplements, and deal and property level data.
Downloadable standard reports.
Data on more than 1,300 loans, supporting about $22 billion in securities.
Read more...Freddie Mac to Launch Free Multifamily Investment Monitoring Tool - Jan 9, 2012